According to the data published by the EU statistics agency Eurostat, average household electricity prices in Bulgaria in the second half of 2017 were the lowest in the European Union, at less than 10 euros per 100 KWh. In the same period, Bulgaria had one of the highest increases in gas prices in the EU, […]
President of TAP AG, a company in charge of the construction and operation of Trans-Adriatic gas pipeline (TAP), Walter Peeraer said at the Caspian International Oil & Gas Conference in Baku that the construction of the offshore section of TAP will start in 2019. Peeraer said that more than 90 % of the pipes have […]
The Southern Gas Corridor, which will feed Turkey and Europe with Caspian natural gas from the Shah Deniz 2 field, was officially inaugurated in a ceremony held at the Sangachal Terminal in Baku. As one of the biggest projects in the world with an investment volume of around 40 billion dollars, the 3,500 kilometers-long Southern […]